Equity mutual fund inflows rose by 24% in June to ₹23,587 crore, as per monthly data from the Association of Mutual Funds in India (AMFI). In comparison, the inflows stood at ₹19,013 crore in May.
SIP momentum hits record high
A total of 61.91 lakh new SIPs were registered during the month, taking the number of active contributing SIP accounts to 8.64 crore. The SIP contribution reached a record ₹27,268.79 crore, while the SIP AUM stood at an impressive ₹15.30 lakh crore.
Overall mutual fund inflows saw a strong surge in June, rising 67% month-on-month to ₹49,301 crore, compared to ₹29,572 crore in May, as per AMFI data.
Meanwhile, the total assets under management (AUM) for the mutual fund industry also witnessed a steady 3% rise, climbing to ₹74.14 lakh crore in June from ₹71.93 lakh crore in May, marking a new milestone for the industry.
Debt funds flows
Debt funds saw mixed trends in June. Liquid fund outflows eased to ₹25,196 crore, down 37% from May. Corporate bond fund inflows dropped to ₹7,124 crore from ₹11,983 crore. Credit risk fund outflows also declined 32% to ₹168 crore.
ETFs and hybrid funds
Gold ETFs saw a remarkable surge in inflows, rising over sixfold to ₹2,080.9 crore in June from ₹292 crore in May, a 613% jump. In contrast, other ETFs witnessed a sharp drop, with inflows falling 79% to ₹844.4 crore. Hybrid funds, however, continued their upward trend, with inflows rising 12% to ₹23,222 crore in June from ₹20,765 crore in May.
New Fund Offers (NFOs) recorded inflows of ₹1,986 crore in June, registering a sharp 52% drop from ₹4,170 crore in May, which is less than half the previous month’s figure.